ACTIVE

MS REAL ESTATE

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result859,2 k €+600,7 %over 1 year
Gross margin1,3 M €+212,5 %over 1 year
Equity2,6 M €+48,5 %over 1 year

Identity

Source · BCE/KBO

MS REAL ESTATE is a Public limited company incorporated in 1998. Its registered office is in Berchem-Sainte-Agathe.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.452.835
Incorporation
28/05/1998
Legal form
Public limited company
Registered office
Chaussée de Gand 1299
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,3 M €412,8 k €384,3 k €365,7 k €327,2 k €
EBITDA1,3 M €369,8 k €342,1 k €323,4 k €302,2 k €
Operating result1,2 M €254,1 k €227,9 k €209,6 k €181,3 k €
Net result859,2 k €122,6 k €122 k €125,2 k €116,5 k €
Balance sheet
Equity2,6 M €1,8 M €1,6 M €1,5 M €1,4 M €
Total assets4,1 M €3,6 M €3,7 M €3,8 M €3,9 M €
Cash263,5 k €8,1 k €24,9 k €48,2 k €35,9 k €
Debts1 M €1,6 M €1,8 M €2,1 M €2,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Mauro WINDELS

Managing director

Active
Stéphane DRIFTIG

Managing director

Active

Ended mandates

Mauro Windels

Managing director · since 09 février 2021 · until 12 mai 2026

Ended
Sharon POH MAY LIN

Director · since 18 novembre 2016 · until 13 mai 2022

Ended
Christophe DRIFTIG

Director · until 09 mai 2010

Ended
Christophe DRIFTIG

Director · until 19 mai 2010

Ended

Other companies at this address

Chaussée de Gand 1299 1082 Berchem-Sainte-Agathe
CompanyCBE no.
BDB PROJECTS● Active
0892.392.278
BELHOPRO● Active
0879.384.578
BUTELEC● Active
0431.986.926
CONSTRUCT● Active
0847.767.627
IMMO STRADIM● Active
0455.317.802
MAJELA● Active
0442.711.958
MS TEXTILE● Active
0463.453.132
NOSTEX● Active
0437.744.766
RSNI● Active
0792.756.254
SG INVEST● Active
0884.731.258

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202619/08/202526/08/202428/08/202330/08/202211/08/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/08/2026FrenchPDF
Abridged model31/12/202430/06/202519/08/2025FrenchPDF
Abridged model31/12/202328/06/202426/08/2024FrenchPDF
Abridged model31/12/202230/06/202328/08/2023FrenchPDF
Abridged model31/12/202130/06/202230/08/2022FrenchPDF
Abridged model31/12/202030/06/202111/08/2021FrenchPDF
Abridged model31/12/201915/06/202007/08/2020FrenchPDF
Abridged model31/12/201828/06/201914/08/2019FrenchPDF
Abridged model31/12/201720/06/201827/07/2018FrenchPDF
Abridged model31/12/201630/06/201708/08/2017FrenchPDF
Abridged model31/12/201527/06/201619/07/2016FrenchPDF
Abridged model31/12/201429/06/201529/07/2015FrenchPDF
Abridged model31/12/201306/06/201408/07/2014FrenchPDF
Abridged model31/12/201230/06/201330/07/2013FrenchPDF
Abridged model31/12/201111/05/201207/06/2012FrenchPDF
Abridged model31/12/201010/06/201106/07/2011FrenchPDF
Abridged model31/12/200930/06/201011/08/2010FrenchPDF
Abridged model31/12/200819/05/200918/06/2009FrenchPDF
Abridged model31/12/200709/05/200809/06/2008FrenchPDF
Abridged model31/12/200611/05/200705/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Mauro WINDELS

Managing director

Active
Stéphane DRIFTIG

Managing director

Active

Ended mandates

Mauro Windels

Managing director · since 09 février 2021 · until 12 mai 2026

Ended
Sharon POH MAY LIN

Director · since 18 novembre 2016 · until 13 mai 2022

Ended
Christophe DRIFTIG

Director · until 09 mai 2010

Ended
Christophe DRIFTIG

Director · until 19 mai 2010

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares11/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates15/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/11/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/06/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/06/2004
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025859,2 k €↑
  2. 2024
    Annual accounts 2024122,6 k €↑
  3. 2023
    Annual accounts 2023122 k €↓
  4. 2022
    Annual accounts 2022125,2 k €↑
  5. 2021
    Annual accounts 2021116,5 k €↑
  6. 2020
    Annual accounts 2020-13,3 k €↓
  7. 2019
    Annual accounts 201979,9 k €↑
  8. 2018
    Annual accounts 201839,4 k €↑
  9. 2017
    Annual accounts 201726,4 k €↑
  10. 2016
    Annual accounts 2016-43,4 k €↓
  11. 2015
    Annual accounts 201599,5 k €↑
  12. 2014
    Annual accounts 201487 k €↓
  13. 2013
    Annual accounts 201392 k €↑
  14. 2012
    Annual accounts 201271,7 k €↑
  15. 2011
    Annual accounts 201119,8 k €↑
  16. 2010
    Annual accounts 201011,6 k €↑
  17. 2009
    Annual accounts 20097,3 k €↓
  18. 2008
    Annual accounts 200822,1 k €↓
  19. 2007
    Annual accounts 200723,3 k €↓
  20. 2006
    Annual accounts 200630,3 k €
  21. 28/05/1998
    IncorporationPublic limited company